Infrastructure Bank Increases Bergen County Utility Loan
New Jersey Infrastructure BankPublic Authority · Lawrenceville, NJ- Disclosed value
- Previously authorized $35,000,000; increase of $7,000,000; total authorized loan amount not to exceed $42,000,000
- From resolution
- Document date
- Sep 10, 2026
The 30-second brief
The New Jersey Infrastructure Bank amended Bergen County Utilities Authority’s Water Bank Construction Financing Program loan, increasing it by $7 million to a total authorization of up to $42 million. The financing supports planning, design and construction of the PST Tank Settlement Rehabilitation project and will run for the maximum statutory term pending long-term program financing.
Bergen County Utilities Authority holds this financial services contract with New Jersey Infrastructure Bank. Its other public contracts on record include work for Northwest Bergen County Utilities Authority and Borough of Maywood.
Term as filed: Maximum statutory term; construction period pending long-term New Jersey Environmental Infrastructure Financing Program loan.
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Contract details
- Contract type
- Financial Services
- Amount
- Previously authorized $35,000,000; increase of $7,000,000; total authorized loan amount not to exceed $42,000,000
- Document date
- September 10, 2026
- Term
- Maximum statutory term; construction period pending long-term New Jersey Environmental Infrastructure Financing Program loan
- Source document
- New Jersey Infrastructure Bank Resolution No. 26-47 Water Bank Construction Financing Program Loans to Bergen County Utilities Authority and City of Camden 2026-09-10 (Resolution)
Bergen County Utilities Authority's other public contracts
More New Jersey Infrastructure Bank contracts
Questions about this contract
Who was awarded the financial services contract by New Jersey Infrastructure Bank?
Bergen County Utilities Authority was awarded this financial services contract by New Jersey Infrastructure Bank, as recorded on September 10, 2026. The contract value is Previously authorized $35,000,000; increase of $7,000,000; total authorized loan amount not to exceed $42,000,000.
How much is the Bergen County Utilities Authority contract with New Jersey Infrastructure Bank worth?
The Bergen County Utilities Authority contract with New Jersey Infrastructure Bank is valued at Previously authorized $35,000,000; increase of $7,000,000; total authorized loan amount not to exceed $42,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in New Jersey Infrastructure Bank Resolution No. 26-47 Water Bank Construction Financing Program Loans to Bergen County Utilities Authority and City of Camden 2026-09-10 (Resolution), dated September 10, 2026 from New Jersey Infrastructure Bank. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bergen County Utilities Authority hold?
Bergen County Utilities Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Jersey Infrastructure Bank currently buying?
Explore New Jersey Infrastructure Bank's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.